News
Sweet plans for future of Shan honey
Honey may soon join wine and coffee as among Shan State’s best-known local commodities, as production grows. Myanmar is set to export about 3500 tonnes of the sweet stuff this year, and experts say the “Made in Myanmar” honey label may soon spread. Rabbi Yossi Ives, chief ...
World Bank approves $400m electrification loan
The World Bank approved a US$400 million interest-free loan to provide financing and technical assistance to help bring electricity to more than 6.2 million people in Myanmar, the bank announced on 17 September. The loan will support Myanmar’s National Electrification Plan and was granted by the ...
Laos OKs economic zone for smaller Japanese companies
The Laotian government has given the green light to a special economic zone in the southern city of Pakse, a 625-hectare site dedicated to small and midsize Japanese companies. Businesses operating there will have corporate taxes waived for 10 years starting in the first profitable year, among ...
South East Asia emergency response team takes on region's deluge of disasters
After the Indian Ocean tsunami in 2004 and Cyclone Nargis in Myanmar in 2008, international aid poured into Southeast Asia, but in both disasters the 10-nation regional body ASEAN was conspicuously absent, says disaster expert Arnel Capili. “Those were very big events that really affected the ...
Thailand asked to probe fatal shooting on Vietnamese fishing boats
Vietnam on 17 September demanded Thailand to promptly investigate and handle Thai individuals involving in the fatal shooting of a Vietnamese fisherman at sea last week. Foreign ministry spokesman Le Hai Binh said the ministry has sent a diplomatic note to the Thai embassy in Hanoi to ...
State Railway of Thailand to clarify Airport Link train purchase
The Transport Ministry on 17 September ordered the State Railway of Thailand (SRT) to provide a full report on its 4.4-billion-baht purchase of seven trains for the Airport Rail Link project after the agency was accused of procurement fraud. Deputy Transport Minister Omsin Cheewapreuk asked SRT governor Wuthichart ...
Bourse softens listing criteria
For companies looking to float shares on Cambodia’s fledgling stock exchange, the rules have just been made easier. After three years and only two listings, the Securities and Exchange Commission of Cambodia has revamped the listing criteria, in a bid to increase the number of companies ...
Floods wreak havoc in Kampot
Residents of Kampot province continued to feel the devastating effects of widespread flooding in the area caused by the opening of the Kamchay Hydropower Dam, which has left thousands temporarily homeless and crippled local businesses. Keo Vy, spokesman of the National Committee for Disaster Management, said ...
Hundreds flee homes after dam gates opened
More than 500 homes were flooded in Kampot province’s Toek Chhou district on 16 September morning after the gates of the Kamchay Hydropower Dam were opened, according to officials, with the chiefs of two of three affected communes saying they were given little or no advance ...
Pattaya digs out from Vamco as 5 provinces declared disasters
Pattaya residents are removing fallen trees, digging out mud and filling more sandbags after tropical depression Vamco lashed Chon Buri and four other provinces which have been declared disaster zones by the government. The Interior Ministry said 14 tambons in eight districts in Chanthaburi, Chon Buri. ...
